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Journey to an ESOP & Beyond

Phillip Hayes

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ESOPs are gaining traction. In the "Journey to an ESOP & Beyond” podcast, Phillip Hayes explains the process of the ESOP transaction and addresses ESOPs from a business owner’s perspective. The "ESOP Guy" illuminates the simplicity of ESOPs as he debunks common misconceptions that ESOPs are immensely costly and complicated.
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The Nine Club With Chris Roberts

The Nine Club

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The Nine Club is the show that has skaters talking. Each weekly episode hosted by Chris Roberts invites you into conversations with professional skateboarders, musicians, actors and artists that share a common passion for skateboarding. Nine Club episodes air on YouTube every Monday at 6am (pst). Nine Club Live episodes stream on YouTube every Thursday at 5pm (pst).
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This episode was inspired by the recent NCEO conference and provides a good overview for those that are new to an ESOP or those who have recently transitioned to an ESOP. The podcast discusses the need to build the employee-ownership concept as a vibrant part of the culture of your company. As we go through some of these concepts, we will address t…
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Bryce Wettstein discusses growing up in Encinitas, starting to skate at 5 years old, her backyard ramp, entering her first contest at 7 years old, dropping in on vert at 8 years old, getting on Stereo Skateboards & turning pro, her songs on Spotify, being able to travel the world skating and much more! Timestamps 00:00:00 Bryce Wettstein 00:01:37 B…
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Spitfire in Colorado Friendly Fire, Budget or Buttery, KASSO, Pocket Heimspeil Tour, Didriko, Vans Valomerkki, Storied Skateboards PJ Ladd’s wonderful Horrible Ledge Session and much more! Timestamps 00:00:00 Nine Club Live #69 00:00:50 Vince is in for Kelly and looking at some Dickie’s footy 00:05:00 We are streaming the STU contest Sunday morning…
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Clay Kreiner discusses moving to California from South Carolina, skating Bob Burnquist mega ramp, doing 900's, Mitchie Brusco's 1260, skating padless at the Vert Attack in Sweden, frontside air over the gap at Vans Combi, will he ever try the loop, the Rockstar Energy Open Portland contest, filming for a new video part, go higher and go faster and …
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This episode is extremely timely given the potential changes to estate tax. Agnes Gregory with Berman Hopkins CPA tax team in Orlando FL and Justin Stemple with Warner Norcross + Judd from Grand Rapids, MI explain how important it is to have an Estate/Gift Tax plan going into an ESOP transaction. We cover some important elements of Estate planning …
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Justin Sommer Field Part, Save Project 45 Montreal skatepark, Skate Tales Peter Hewitt, Clyde’s Corner, Nick Merlino short but sweet part, Budget or Buttery, Shane Goes 2, SOTY board update and much more! Timestamps 00:00:00 Nine Club Live #68 00:01:00 Topic Rundown 00:04:34 Peanut Butter Whiskey Cheers 00:07:40 Justin Sommer Field Part 00:14:00 Sa…
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Jamie Thomas is launching his new footwear company Warsaw this week, his footwear journey starting with getting on Emerica & designing his first pro model, learning the process of making shoes, leaving Emerica to help launch Adio Footwear, leaving Adio for Circa Footwear, starting Fallen with Ken Block and Damon Way from DC Shoes, the end of Fallen…
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Des Moines Street Style Open, Lawrence Ravail Early Bird part, Nate Guest Awaysted part, Ethan Loy’s Avalon Part, Ethan Loy’s Swim part, Nike SB Japan | GACHI, Adidas presents Nikolai Piombo XP, Dickies Honeymoon video, KASSO Japan Contest and much more! Timestamps 00:00:00 Nine Club Live #67 00:01:00 Where we’ve been, Des Moines Street Style Open …
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This episode highlights ESOP advisors you may run into at the conferences (or really anywhere!) The topic is to help provide an overview of the ranging roles as it applies to ESOP advisory and how to choose advisors who can best support your personal journey to an ESOP.
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German Nieves discusses growing up in New Jersey & moving to Philly, meeting Julio De La Cruz & getting in the Neighborhood van, ending up at a hostel in Venice, getting Zoo York boards, Harold Hunter, getting on Official Skateboards, starting Paterson League clothing, his new part dropping soon and much more! Timestamps 00:00:00 German Nieves 00:0…
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This episode focuses on the role of the ESOP trustee through an interview with Bryce Lenox - an ESOP trustee out of Cincinnati, OH. Bryce does a great job reviewing the role of an ESOP trustee both on the transaction and ongoing side. Relating to transaction, Bryce explains the role he plays as a buyer and the steps he takes to conform to the depar…
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Jake Hayes discusses growing up in Sydney, Australian Skater of the Year 2016, Dustin Dollin having his back, texting Andrew Reynolds asking about Deathwish after he wasn't going to get on Baker, going from DC Shoes to New Balance & getting on Dickies, why he didn't have much footage in Baker Has a Deathwish Part 2 video, filming for the Dickies vi…
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Jamie Foy Charred Remains part, Rome Collyer’s Crosstown Thunder Part, This Old Ledge: Wallenberg, Jeron Wilson Signature Style, Pocket Duos, Georgio Armani and John Dilo, Ace Trucks Hourglass ft. Kevin “Spanky” Long, Bayden Hoban Into the Light Emerica Part and much more!! Timestamps 00:00:00 Nine Club Live #66 00:01:45 Super Chat Appreciation Rem…
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In this podcast episode we use a classic scene from the movie “Pink Panther” which highlights using the “American” French accent to illustrate the strangeness related to an ESOP negotiation. In ESOP transactions it is important to understand that the purchase price or valuation of shares being sold hinge on the ultimate result of the negotiation wi…
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Geoff Rowley discusses getting on Toy Machine, starting to film a full part, 25 years with Vans, hunting keeps him in shape, his knife & tool company Civilware, never having a period of burnout from skateboarding, his thoughts on the Olympics, Dan Sturt stories, trying to get all the covers of the mags in the same month, limited release of his Vans…
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RIP Chris Casey, Maurio McCoy For the Hell of it part, Brian Panebianco’s Not Bad video, Soulcursher by Daniel Wheatley, Gavin Bottger Jazz June Part, Jason Adams 50 years Black Label Part, Nike SB Quickstrike, Antonio Durao’s part in Hardbody’s OD, Marcos Montoya’s Chapel, Rockstar Energy Open in Portland, Brandon Burleigh American Zero part, Elli…
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Don Brown discusses being at Sole Tech for 33 years, Pierre-André started Etnies in the late 1980s, Sole Tech helped make the first DC Shoes, Nike's strategic plan to take over the skate shoe market, the Sole Tech sale to The Nidecker group, companies now a days have F.O.G.O.B. fear of going out of business, being diagnosed with prostate cancer, ge…
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This episode we invite Diana Clark, who specializes as a full-time ESOP communication’s consultant, to provide a framework to understand the power of frequent and effective communication around employee ownership. If you are brand new to ESOPs or been an employee-owned company for a few years or even many years - the bottom line of communication wi…
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Braden Hoban discusses growing up in Encinitas, how he got on Toy Machine & turning pro, his "Real Life Sucks" Toy Machine part, his process of designing his new pro Emerica shoe, going on tours with Leo Romero & the Toy Machine crew, winning Street League in his hometown of San Diego, why 5050 cross lock is a hack on round rails, filming for his n…
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This episode is part 2 of discussing the inside note versus the outside note on an ESOP transaction. We feature the recently released part 2 of Inside Out - as it is an excellent sequel in the story of how human emotions can play into how we make decisions , in particular how anxiety can cause problems in daily life. The podcast contrasts this to h…
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This episode represents the 2nd interview with Joe Hurt of RLH Construction. Joe discusses some of the challenges and opportunities of an established ESOP. A few years into their ESOP, RLH Construction has experienced very strong results from the ESOP. Joe is the CEO of the company and has worked through issues such as leadership transition, retiri…
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Versace Plug aka Hyun Kummer and his brother, New Nine Club Merch in the building, Kai Kishi part, John Dilo for the gram is crazy, Mark Normand gets a board for Familia by Todd Bratrud, Internet Birthday 2, Frozen Peas and much more! Timestamps 00:00:00 Nine Club Live #64 00:03:00 Ongoing Injuries 00:05:00 We are heading to Woodward! 00:06:20 Supe…
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This episode provides clarification to the difference between an inside note and an outside note. In an ESOP transaction there will be two types of notes created when the transaction occurs. This episode is part 1 of 2 episodes. The first part explains the background of the terminology as it relates to why these two types of notes exist. The majori…
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Deville Nunes discusses being the team manager of Powell Peralta for 20 years, giving Rick Kosick photos for Big Brother, first photo in a magazine was of Donger, shooting Carlos Ruiz back lip El Toro, filming the Powell video "Fun" video & Joe Krolick edited it, Powell Peralta's YouTube approach, getting sued by a hotel & a water park, team manage…
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Dubs had a baby girl, Olympic Re-cap, Frankie Villani NB 417 Low, Real Skateboards Roll Call, Adidas Brazil Forma Brasa, Davonte Jolly's Necessary Evil 03 and much more! Timestamps 00:00:00 Nine Club Live #63 00:00:24 Dubs had a baby girl!!!!! 00:05:40 Super Chat Appreciation Reminder 00:07:40 Topic Rundown 00:08:40 Olympic Re-cap 00:31:00 Frankie …
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Andrew Huberman discusses CTE (Chronic Traumatic Encephalopathy), assessing one's supplement needs, exercise & training, stress management, BPC157, addictive personalities, daily habits and much more! Timestamps 00:00:00 Andrew Huberman 00:00:48 Intro 00:01:05 Aging, grey hair & balding 00:08:35 Beard growth 00:12:44 The process for assessing one's…
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On the podcast this week, we interview Corey Rosen, the founder of NCEO and a huge contributor to ESOPs discusses the updates and trends relative to ESOP companies. Through our discussion, Corey highlights the expansion of ESOPs as the finance world has begun to leverage this realities and benefits of an ESOP in private equity. Some of these ideas …
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Chris Chann mind blowing IG clip at MACBA, Shane O'Neill warming up for the olympics, Skatefolio's Olympic Skater Footage Study, Nike SB Electric Pack and Welcome Dylan Jaeb, Jenekm's Darren Harper raising his daughters at Pulaski, Budget or Buttery, Luis Mora's Erased Glow Video & New board brand Aura and much more! Timestamps 00:00:00 Nine Club L…
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Danny Minnick discusses growing up in Seattle & living in San Francisco for 6 years, making sponsor me videos with Leigh Peterson, living at the H-Street house, filming with Chad Muska & Peter Smolik for the Shorty's videos, living with Christian Hosoi, getting sober, being a stunt double for Shawn White for a commercial, Robert Downey Jr commissio…
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Andy Anderson Crazy Wisdom on the SOTY board, Help Save Crushed Skate Shop, Sewa Kroetkov One week in Barcelona, Clyde’s Corner #MakeMcTwistsGreatAgain, Supreme Sold to Essilor Luxottica, Shuriken Shannon Gofundme for MS, Budget or Buttery, Thrasher Adidas Weekend in Denver, Farewell to Alltimers, Alexis Sablone Thrasher Cover and Summit, Jhanka’s …
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In this episode we discuss the motivations for selling your business to an ESOP. The focus of this episode is to help better understand the reasons to choose an ESOP. The episode was encouraged by the experiences of working through other company’s ESOPs and interacting with diverse personalities and companies, along with their varying goals and obj…
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Tom Karangelov & Matt Bublitz discuss Matt board sliding El Toro when he was a kid & his dad filmed it, Tom K winning Thrasher's "One in a Million", Tom's previous sponsors Zero, 3D & Skate Mental, Tom asking Jamie Thomas to edit his Cold War part, Matt working for Thrasher & filming SOTY trips, putting in the work to fix spots, coming up with the …
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Vincent Alvarez is in the house for Dubs, Andy Anderson ABD Event, Monster Energy Straight up Vol 1, Jacopo for Nike SB, Filming a video part with an iPhone, Andy Anderson Crazy Wisdom and much more! Timestamps 00:00:00 Nine Club Live #60 00:01:50 Vincent Alvarez is in the house for Dubs 00:08:00 Restock on Orange Yeti Travel Mugs, Ramblers 00:14:0…
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Andy Anderson discusses working on his new part "Crazy Wisdom", filming with Nigel Alexander, his Nano Cubic wheel & theory map griptape, darkslides at Tampa Pro, his ABD collectibles project, the Natas spin to Jamie Foy, a massive kinked curved 5050 & how it healed him, how taxing filming a video part is these day and much more! Timestamps 00:00:0…
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This episode will be very informative through the long-tenured experience of Renee Jenkins with Holiday Builder’s ESOP. Renee has been a long-time employee of the company managing the Finance/HR Branch. On this episode of the Podcast, we discuss the issues in a straightforward approach and solutions that she has worked through. This discussion cove…
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Toan Nguyen discusses how he got hooked up with Shorty's at the Huntington Beach park, doing magic tricks at Denny's & spinning things on his fingers, getting photo incentives as an Am, getting sponsored by LRG by meeting the owner Jonas at a rave, why he got kicked off Osiris, Shorty's adding new riders after the "Guilty" video, why he got let go …
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Clyde Singleton Facetimes in, New Balance Numeric Enter the museum, Chris Wimer Zero x Skate Supply Part, Budget or Buttery, Tyshawn gets kicked off a bike, Quick Look at the DC Lucien and much more! Timestamps 00:00:00 Nine Club Live #59 00:02:09 Special Mystery Guest coming later in the show 00:08:42 New Balance Numeric Enter the museum 00:33:00 …
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This week we start what will become a series of podcasts chronicling the journey of the City of Shakopee, MN through the APWA Accreditation process. Shakopee decided to take this on several months ago and a couple of months into the process at the time of this recording. This is a great conversation about why Shakopee decided to do this, how they f…
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Professor Paul Schmitt discusses downsizing his factory in Tijuana & working through COVID, working on boards for Cordano Russell, should board sizes be like shoe sizes, the most difficult & important thing to do while manufacturing a skateboard, what advances are being made for adhesives & glue to better our planet, hot press or cold pressed board…
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Our new FUNCK Boards available now & live stream tomorrow, Yuri Facchini Fakie Hardflip Noseblunt shout out Matt Miller, P-Rod ig killing spree throwbacks, Andrew Verde Buenos Noticias part, Dern Bros courthouse, Skaters are broke? The current state and economics of skateboarding, Budget or Buttery and much more! Timestamps 00:00:00 Nine Club Live …
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We find that once an ESOP closes, there is some degree of uncertainty on the next steps. In this episode, we focus on the ESOP closing guide to prepare clients on the correct ways to implement the organizational structure and timeline of a successful ESOP. In other words, we cover how to accomplish a company’s goals in the transition of an ESOP tha…
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Aaron Snyder discusses growing up in Wisconsin & started to skate at 8 years old, Meeting Dave Mayhew & Tyrone Olson, getting on H-Street just before it transitioned to Evol skateboards, quitting Evol & riding for Maple Skateboards, hanging with Chad Muska & Tom Penny at the Carson Velodrome & getting on Shorty's, being the original Am on Osiris, w…
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Our new limited FUNCK Boards reveal, AVE Epicly Later’d, Kotora Mitani Evisen part, Who's got the best style and much more! Timestamps 00:00:00 Nine Club Live #57 00:00:10 Mike Mo in the house 00:01:00 Mike Mo was the world’s fastest texter 00:05:20 Human Skate 00:08:20 Super Chat Appreciation announcement 00:09:20 Nine Club Product 00:11:30 FUNCK …
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In our 32nd episode we are joined by the City of Edina's Master Electrician and Supervisor Noah Silver. Noah guides us through this nerd session on Electric Vehicles and the required infrastructure to support them. Join us for a transformative discussion on how the City of Edina is spearheading the future of electric vehicle (EV) charging infrastru…
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The Dern Brothers discuss Dalton and Kanaan started to skate at Destins 13 birthday party at the Vans skatepark, Dalton getting sponsored by Bryce Kanights for Lifeblood Skateboards & sleeping on the warehouse floor, Kanaan getting on flow for Zero Skateboards & Jamie Thomas telling him to film as if he were filming for "New Blood", Dalton going fr…
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Happy 8th Birthday Nine Club, Skateboarding Hall of Fame Induction and Inductees, Adidas Tyshawn II, What is the pathway to pro for Kids these days, SoleTech is sold! What does it mean, Vincius Costa Pocket Part, OSki Red Shark Part, Rodrigo TX Back on DGK, Dumb Data World Skate Study, Jenkem Tracks down Steve Rocco and much more! Timestamps 00:02:…
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On this episode, Jason Miller (former National Director of ESOPs for Bank of America) and I explore the “Expanding ESOP Initiative” that was recently aired on 60 Minutes. The focus of this podcast is to provide an update as to what is happening in the National ESOP space and how the ESOP initiative started. The initiative’s work is centered around …
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Chris Russell discusses growing up in Hermosa Beach, Darren Navarrette getting him on Creature Skateboards, how different it is going from skating bowls & street to now skating vert, injuring his collarbone Tampa pro, getting into Jiu Jitsu, almost loosing his eye at Swampfest, turning pro while on KOTR, his Dad learning to skate with him, recently…
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Spanish Mike in the House, Sole Tech sold to the Nidecker Group what now for eS, Emerica, Etnies, Arisa Trew first women to land the 900, Happy 50th Vern Laird Video Part, Toy Machine Real Life Sucks and much more! Timestamps 00:00:00 Nine Club Live #55 00:00:01 Spanish Mike in the House! 00:01:30 Spanish Mike was in Japan for the first time with P…
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This week we may have to temporarily rename the podcast "The Parks and Recreations Nerds" as we welcome Matt Johnson, Director of Parks and Recreation for the City of Roseville. Along with my guest co-host Bryce Shearan, a colleague of mine at Bolton & Menk and former Parks and Recreation Director at the City of Little Canada. Bryce also hosts anot…
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